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Aug 4, 2012
08/12
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CURRENT
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they're tied to how fast the economy overall is growing. we saw the unemployment rate come down at a pretty significant clip at the ending of last year and beginning of this year, we grew about 3.5%, and then slowed down because of events in europe predominantly and so the jobs numbers get bad. hopefully this is a sign that we're getting the growth rate up. i think everything that you can do to transition the economy away from bubble-based growthers which is what we had. consumer spending and housing construction, which is not con stainable, and shift it to manufacturing exports investment led growth which we can sustain, that's what we got to do. that takes time. that's why this has not been the shape. because unlike other deep recessions we can't go back to doing what we were doing before the resayings began. >> eliot: you're talking about is much more fundamental transformation rather than using monitory policy to boost construction or spending. you're talking about something much more difficult. if you look at mitt romney's tax proposal
they're tied to how fast the economy overall is growing. we saw the unemployment rate come down at a pretty significant clip at the ending of last year and beginning of this year, we grew about 3.5%, and then slowed down because of events in europe predominantly and so the jobs numbers get bad. hopefully this is a sign that we're getting the growth rate up. i think everything that you can do to transition the economy away from bubble-based growthers which is what we had. consumer spending and...
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Feb 27, 2012
02/12
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CSPAN2
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minimum wage in the overall effe on the economy. guest: here is a caller who is saying wait a minute. you nnot just focus on the middle east. what about china and its influence in africa? what about the iranian influence in latin america? th is something that we need to become more aware of. al qaeda is still very aive in northern africa. the former counter terrorist chief as i pointed out in the book says there is still a serious challenge there. there is a chapter about al qaeda in northern africa in places like algeria and mali. in nigeria, there is a group which is carrying out huge numbers of attacks on western targets andnternal religious targets. it appears to me they either have an al qaeda connection or use the same tactics. we have to be able to lk at these different places at once. i am a strong believer that a stro minimum wage is necessary. it is important to protect the livings of people. if you do not have an adequate minimum wage, if people cannot make ends meet, the minimum wage i thinks a good program. when i was i
minimum wage in the overall effe on the economy. guest: here is a caller who is saying wait a minute. you nnot just focus on the middle east. what about china and its influence in africa? what about the iranian influence in latin america? th is something that we need to become more aware of. al qaeda is still very aive in northern africa. the former counter terrorist chief as i pointed out in the book says there is still a serious challenge there. there is a chapter about al qaeda in northern...
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Oct 6, 2012
10/12
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CSPAN
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our economy doesn't grow from the top down. it grows from the middle out. we don't -- we don't believe that anybody's entitled to success in this country. but we do believe in opportunity. we believe in a country where hard work pays off. and responsibility is rewarded. and everybody's getting a fair shot. and everybody's doing their fair share. and everybody's playing by the same rules. believehe country we in. that's what we've been fighting for for the last four years. that's what we are going to put in place in the next four years if you re-elect me as president of the united states of america. that's what we're going to do. [cheers and applause] >> four more years! four more years! four more years! four more years! four more years! four more years! four more years! >> now, today i want to also talk about economic issues that didn't get enough attention in the debate the other night. and that's economic issues that have a direct impact on women and as a consequence, have a direct impact on families. when it comes to the economy, it's bad enough that our
our economy doesn't grow from the top down. it grows from the middle out. we don't -- we don't believe that anybody's entitled to success in this country. but we do believe in opportunity. we believe in a country where hard work pays off. and responsibility is rewarded. and everybody's getting a fair shot. and everybody's doing their fair share. and everybody's playing by the same rules. believehe country we in. that's what we've been fighting for for the last four years. that's what we are...
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Jun 2, 2012
06/12
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CNNW
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this is a consumer-driven economy. according to thomson reuters of michigan, they have a report every month called consumer sentiment. that's just one year. it showed in may consumer sentiment rose to its highest level since 2007. before the recession when the dow was at its all-time high due to what it says are more favorable job and wage prospect. that sounds positive. then a different body, the conference board, released its own report that says consumer confidence in may fell to its lowest level in five months because americans are less optimistic about jobs and business conditions. now, that sounds awfully pessimistic to me. that's confusing. i should tell you this report tends to be a much bigger survey than the other one. why are they going in different directions. one other thing, let's look at housing. national association of realtors said existing home prices, existing homes they rose in april by 10.1% compared to the previous year. that's a positive trend. it said it showed back-to-back price increases from
this is a consumer-driven economy. according to thomson reuters of michigan, they have a report every month called consumer sentiment. that's just one year. it showed in may consumer sentiment rose to its highest level since 2007. before the recession when the dow was at its all-time high due to what it says are more favorable job and wage prospect. that sounds positive. then a different body, the conference board, released its own report that says consumer confidence in may fell to its lowest...
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May 28, 2012
05/12
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FOXNEWS
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congress is so partisan so ideological they can't make the compromises to get the economy moving, the debt down and cost of healthcare down. it is broken at a time when we can the afford that. it will take ultimately all of us rising up taking the system back to make the progress we need. >> congress is broken? >> unfortunately it is broken. >> is the obama administration broken? >> i think the president is doing his best. oo too but congress isn't? >> they are doing their best, too. they are trapped with 535 members of congress. they are going to tree to cobble together a principal compromise. the president can speak for hill self. the real problem we have is too many members of congress represent some of us. they think of themselves fuirst as liberals or conservatives rather than americans first. you look at the group of leaders the states men we have had in the history of our country each stood for things they believe passionately in. they are ready to make some progress rather than none. you take an all or nothing approach you take that kinded of approach often you willened up wit
congress is so partisan so ideological they can't make the compromises to get the economy moving, the debt down and cost of healthcare down. it is broken at a time when we can the afford that. it will take ultimately all of us rising up taking the system back to make the progress we need. >> congress is broken? >> unfortunately it is broken. >> is the obama administration broken? >> i think the president is doing his best. oo too but congress isn't? >> they are...
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Sep 4, 2012
09/12
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CNBC
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it's still growth in the economy. and the question about the jobs number coming in, what number that would to be keep the fed from doing -- i think it's going to be well north of 200,000 with the decline in the unemployment rate. bill, and maria, the question w came up, will the fed act given at september before the election. i want to show you some data the fed has acted to cut rates. there's a couple of septembers where the fed acted when reagan was in office. a couple of septembers it raised rates with george h.w. bush and george w. bush. they cut rates in october. you remember what was happening then. the fed will act if it feels it's necessary. there wouldn't be a rate cut because there are no more rates to cut. i don't think the calendar date really matters much here. >> last time bernanke leaked that report to "the wall street journal" saying if things -- if things do not improve, we'll thereby with stimulus. how would you characterize the last month of data, steve, given the fact we have seen a bit better scen
it's still growth in the economy. and the question about the jobs number coming in, what number that would to be keep the fed from doing -- i think it's going to be well north of 200,000 with the decline in the unemployment rate. bill, and maria, the question w came up, will the fed act given at september before the election. i want to show you some data the fed has acted to cut rates. there's a couple of septembers where the fed acted when reagan was in office. a couple of septembers it raised...
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Feb 4, 2012
02/12
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WMPT
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what is it going to do to the economy of europe, the united states? terrorism. testified just a week that iranians are thinking about operating inside the united states. >> iranian oil has already been cut off. the europeans are not importing it . saudis are determined to see the iranian nuclear program wiped out. the saudis have pledged replacement for any iran oil. if it was just iranian oil, it would not have any affect the question is do they close the strait of hormuz, which, as evan says, is a suicidal. if you kill a single american, he will bring the americans and europe into the war. evan is right, the national iranian response would be to attack israel and nobody else. >> we also have to note that even if they can succeed, at the chances of slowing down the iranians a between one and three years. it passed be part of the calculus. that is one of the reasons that the united states at the moment things is not worth it, the israelis appear to think it is. >> defense minister and who brought -- ehud barak -- " whoever says 'later' may find out later it is t
what is it going to do to the economy of europe, the united states? terrorism. testified just a week that iranians are thinking about operating inside the united states. >> iranian oil has already been cut off. the europeans are not importing it . saudis are determined to see the iranian nuclear program wiped out. the saudis have pledged replacement for any iran oil. if it was just iranian oil, it would not have any affect the question is do they close the strait of hormuz, which, as evan...
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Jul 2, 2012
07/12
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CSPAN2
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when barack obama came and said 700 million, $700 billion in order to basically reconstct the american economy, think of the cry. you are spending $700 billion. we don't have $700 billion. we dn't even have $3 trillion we have spent. most of the money was borrowed not to mention just about economic cost is also about the opportunity cost. while the united states was chasing the jihadis in afghanistan and pakistan the war was going on so barack obama inherited the legacy of the economic decline and also the rise of the geostrategic power china, india, africa, brazil, turkey, and this is why any particular as you say the question must take into account what he inherited and what he has been able to achieve so far. >> that raises the critical question scenario where he has inherited this weakened position of the united states. the u.s. is no longer the sole superpower it's not even clear that the u.s. is the most important or influential power in the region. it's now contaminated in the whole new way with a lineup of the emerging power. in tha context we of the u.s. defeat in iraq, the rise of ir
when barack obama came and said 700 million, $700 billion in order to basically reconstct the american economy, think of the cry. you are spending $700 billion. we don't have $700 billion. we dn't even have $3 trillion we have spent. most of the money was borrowed not to mention just about economic cost is also about the opportunity cost. while the united states was chasing the jihadis in afghanistan and pakistan the war was going on so barack obama inherited the legacy of the economic decline...
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in sync with the economy so the proportion of g.m.p. that is spent on its military is from maine about two percent something like that and that is half the american they have about forty two percent expenditure as a percentage of their g.d.p. twice that of china their military expenditure is ten times that china so whilst china is necessarily increasing its military power as one might expect it's not doing it just proportionately. once in a decade the ruling party gathers to select the next generation. on our team i darted dot com. there's their own little celebration and israel of the country's pm sends only a sort message of congratulations to proc obama his reelection to the white house leaves a venue minutes in yahoo where good about his own political future we explain why after this break. recently protests and demonstrations of any kind were banned until further notice and by crane a curfew as in you can't go out of your home when the government doesn't want you to has already been in effect in the country since two thousand and e
in sync with the economy so the proportion of g.m.p. that is spent on its military is from maine about two percent something like that and that is half the american they have about forty two percent expenditure as a percentage of their g.d.p. twice that of china their military expenditure is ten times that china so whilst china is necessarily increasing its military power as one might expect it's not doing it just proportionately. once in a decade the ruling party gathers to select the next...
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find out what's really happening to the global economy in these kinds of reports on r g. my grandmother did not like we're going to become. cruiser free. and she was very cool. she froze. our was frankenstein's monster. we don't have the problem. every body. is i'm a i'm the palestinian or the european saudi to negotiate an end to the violent attacks against israel which i have no fear of war. call me. so long as you have no fear calling the leader of the state of israel one of the main terrorists in the world. we are supposed to be seriously examining history but you mention a few words about jewish culture happening and people gets so upset this is i'm sorry to say it's a form of emotional blackmail.
find out what's really happening to the global economy in these kinds of reports on r g. my grandmother did not like we're going to become. cruiser free. and she was very cool. she froze. our was frankenstein's monster. we don't have the problem. every body. is i'm a i'm the palestinian or the european saudi to negotiate an end to the violent attacks against israel which i have no fear of war. call me. so long as you have no fear calling the leader of the state of israel one of the main...
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Jul 9, 2012
07/12
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CNBC
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economy. it is still -- farce the world is going, u.s. economy is still pretty good. you know. i think that's where the money should go. >> know november question about it. u.s. economy here. better than everybody else. stock market actually here in terms of profits. big disconnect and not coming through. trillion going into bond funds. >> thank you,
economy. it is still -- farce the world is going, u.s. economy is still pretty good. you know. i think that's where the money should go. >> know november question about it. u.s. economy here. better than everybody else. stock market actually here in terms of profits. big disconnect and not coming through. trillion going into bond funds. >> thank you,
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May 17, 2012
05/12
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CSPAN3
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economy. you can have a managed economy that is managed by, say, central command by the government, by the federal government that seeks to go in and tweak all the things we see as injustices or inequities, or you can revert to it free enterprise system articulated so well in wealth of nations by adam smith that lays out a powerful case for how this economy manages itself by supply and demand, and if you have people that are making too much money if they establish too large a market share, one of the things that other entrepreneurs can do, start a business to compete with them if they're making too much profit. it takes time but there's an evolution that goes on within the economic system in the united states. and this supply and demand piece on labor is the same case. this will adjust itself and if we don't believe that competition sets price, creates jobs and creates wealth, it's not a zero sum game. not a shrinking pie. it's a pie we need to be growing with our own productivity in this coun
economy. you can have a managed economy that is managed by, say, central command by the government, by the federal government that seeks to go in and tweak all the things we see as injustices or inequities, or you can revert to it free enterprise system articulated so well in wealth of nations by adam smith that lays out a powerful case for how this economy manages itself by supply and demand, and if you have people that are making too much money if they establish too large a market share, one...
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May 28, 2012
05/12
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FOXNEWSW
tv
eye 54
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congress is so partisan so ideological they can't make the compromises to get the economy moving, the debt down and cost of healthcare down. it is broken at a time when we can the afford that. it will take ultimately all of us rising up taking the system back to make the progress we need. >> congress is broken? >> unfortunately it is broken. >> is the obama administration broken? >> i think the president is doing his best. oo too but congress isn't? >> they are doing their best, too. they are trapped with 535 members of congress. they are going to tree to cobble together a principal compromise. the president can speak for hill self. the real problem we have is too many members of congress represent some of us. they think of themselves fuirst as liberals or conservatives rather than americans first. you look at the group of leaders the states men we have had in the history of our country each stood for things they believe passionately in. they are ready to make some progress rather than none. you take an all or nothing approach you take that kinded of approach often you willened up wit
congress is so partisan so ideological they can't make the compromises to get the economy moving, the debt down and cost of healthcare down. it is broken at a time when we can the afford that. it will take ultimately all of us rising up taking the system back to make the progress we need. >> congress is broken? >> unfortunately it is broken. >> is the obama administration broken? >> i think the president is doing his best. oo too but congress isn't? >> they are...
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and the rant on monday also own concerns mainly about the health of the european economy but traders also worry that china the world's second largest economy is slowing down as well which is lowering an energy demand going forward now staying with the energy sector b.p. wants its russian joint venture t.m. gave b.p. to pay one billion dollars in dividends the ideas surface that the first board meeting in more than six months meetings of february and may did not have the warm so the shareholders left without the payments the proposed dividends would net b.p. five hundred million dollars and on to other news soybean and corn futures trading near record highs as the drought in the united states is really devastating the crops the organization of economic development says high food prices are here to stay in fact in about a decade you can expect to pay about twenty percent more for your average meal economists say a boosting global food output is pretty much impossible so instead they call for increased production artie's tom has been figuring out how to achieve this. we're talking about
and the rant on monday also own concerns mainly about the health of the european economy but traders also worry that china the world's second largest economy is slowing down as well which is lowering an energy demand going forward now staying with the energy sector b.p. wants its russian joint venture t.m. gave b.p. to pay one billion dollars in dividends the ideas surface that the first board meeting in more than six months meetings of february and may did not have the warm so the shareholders...
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find out what's really happening to the global economy with much stronger for a no holds barred look at the global financial headlines tune into cars a report on our. the. tune which brightened if you knew me with song from phones to. start on t.v. dot com. and now it's time to take a look at some other stories making headlines around the world this hour a number of blasts in north of the iraqi capital baghdad have left twenty eight people dead police say bombs were planted near five houses and detonated killing seventeen people when security forces arrived at the scene a suicide bomber blew himself up taking the lives of levon policeman it's only a day after the new leader of al qaeda in iraq posted an order message warning a resurgence and more attacks to come. in they do us to police officers have been placed on paid leave for their alleged role in the fatal shooting at an armed man their local chief of police said the reason of the shooting is under investigation for them to lead to violent clashes between officers and enraged witnesses who stormed the police department on sunday
find out what's really happening to the global economy with much stronger for a no holds barred look at the global financial headlines tune into cars a report on our. the. tune which brightened if you knew me with song from phones to. start on t.v. dot com. and now it's time to take a look at some other stories making headlines around the world this hour a number of blasts in north of the iraqi capital baghdad have left twenty eight people dead police say bombs were planted near five houses and...
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Apr 12, 2012
04/12
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CSPAN2
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we live in a global economy. our nation's ability to do good things domestically and internationally is derived from the strength of our economy. as president, this wasn't just an intellectual exercise, but rather an understanding that manifested itself. the 1993 economic package that brought us from deficit to surplus and economic expansion. providing financial loans to mexico during their 1994 crisis helped that the american public do not support by a five to one margin and put the president at significant political risk. especially if it didn't work. mexico and the loans were paid ahead of time. completing nearly 300 trade agreements, including nasa, gas, and securing public trade relationships with china. passage of the jobs through trade expansion act of 1994 that supported the overseas private investment corporation and strengthened protection of property. it supported small business through the job protection act. small businesses guaranteed credit act, and the small businesses lending enforcement act. a g
we live in a global economy. our nation's ability to do good things domestically and internationally is derived from the strength of our economy. as president, this wasn't just an intellectual exercise, but rather an understanding that manifested itself. the 1993 economic package that brought us from deficit to surplus and economic expansion. providing financial loans to mexico during their 1994 crisis helped that the american public do not support by a five to one margin and put the president...
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191
Jun 16, 2012
06/12
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WUSA
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economy, but the u.s. economy has been hurting -- >> but it moves away from the domestic. >> it enables you to do what he does very well, which is always to blame it on some other party. but the fact is that is certainly going to have an impact on the economy, but so, too, have been the perfectlies that this administration has put politics. >> okay, now obama revs it up. >> i'm barack obama and i approved this message. >> we're still fighting our way back from the worst economic crisis since the great depression. our businesses have created almost 4.3ly million new jobs over the last 27 months but we're still not creating them as fast as we want. >> the president's jobs plan would put teachers, firefighters, police officers, and construction workers back to work right now. and it's paid for by asking the wealthiest americans to pay a little more, but congress tell congress we can't wait. >> president obama says jo growing at 6%. something is wrong with his policies. >> jobs weren't being created for at lea
economy, but the u.s. economy has been hurting -- >> but it moves away from the domestic. >> it enables you to do what he does very well, which is always to blame it on some other party. but the fact is that is certainly going to have an impact on the economy, but so, too, have been the perfectlies that this administration has put politics. >> okay, now obama revs it up. >> i'm barack obama and i approved this message. >> we're still fighting our way back from the...
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May 2, 2012
05/12
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CSPAN2
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eye 174
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so we need to say, you know, we can't have bubble economies, we've got to have an economy that works for everybody, that if you're going to create a demand, you do that by putting a little bit in everybody's pocket, not a lot in a few's pocket. and we have to change that structure. >> all right. simon? >> it's interesting, paula, how many people in the past two years have come to some version of the view that too big to fail is just too big. increasingly, i hear this from investors, increasingly, it's in the pages of "the wall street journal." richard fisher of the dallas fed, jon huntsman made an issue in his presidential campaign in the fall. there are also people on the left who are taking this view, that if you have these megabanks that confer very little value on the economy, on the rest of the private sector, they're able to take on huge risks, they can't be controlled by regulators either because they capture the regulators or they're inherently unable to rein in that risk, why do we allow these structures to continue? we're taking a lot of risk with our fiscal accounts. the i
so we need to say, you know, we can't have bubble economies, we've got to have an economy that works for everybody, that if you're going to create a demand, you do that by putting a little bit in everybody's pocket, not a lot in a few's pocket. and we have to change that structure. >> all right. simon? >> it's interesting, paula, how many people in the past two years have come to some version of the view that too big to fail is just too big. increasingly, i hear this from investors,...
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May 18, 2012
05/12
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MSNBC
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look, their economy is directly tied to ours. that's the issue on which president obama is going to rise or election in the election in the fall. they're acutely aware of that as is the romney campaign watching this from afar, not stepping close to it very often. it's become a regular part of romney's stump speech saying if we continue on the path obama set us down, we'll become like greece. >> paul ryan has said we are on track for greece. speaking of greece, jamie, a lot of debate is going to be centered around in this current summit happening at camp david whether the jahr zone countries can convince greece to stay in the eurozone. what do you think the likelihood of greece staying will be and if they do leave, what the repercussions will be? >> we should be aware that the united states doesn't have the kind of economic clout vis-a-vis the europeans we once had. we are not in a position given our own difficulties both in terms of growth and most importantly because of our debt to tell the europeans here, you should be doing xy
look, their economy is directly tied to ours. that's the issue on which president obama is going to rise or election in the election in the fall. they're acutely aware of that as is the romney campaign watching this from afar, not stepping close to it very often. it's become a regular part of romney's stump speech saying if we continue on the path obama set us down, we'll become like greece. >> paul ryan has said we are on track for greece. speaking of greece, jamie, a lot of debate is...
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is that result from that so that you know this is a real challenge to our system as well as to our economy there's been a lot of rhetoric about. cracking down on secrecy jurisdictions but i think this is been disappointing two thousand and nine we have the g. twenty talking basically about to try to crack down on so-called secrecy jurisdictions where a lot of this money flows nothing's been done really nothing substantial. and don't forget all the stories we're covering here when else here also on our web site and there's always plenty more also you online like hushing up there how is it a company that's coming to contaminating the fukushima power plant in japan has been encouraging its workers to record sake radiation readings. to big bottles and they began polling new york's mayor is calling for bombing the sale of so the trains and a large container is but ten cabbies trying to prove the move could fall eight consumers rights so his program is aligned here at all to. see sigrid laboratory kirby was able to build a unique most sophisticated robot which on the big league doesn't give a da
is that result from that so that you know this is a real challenge to our system as well as to our economy there's been a lot of rhetoric about. cracking down on secrecy jurisdictions but i think this is been disappointing two thousand and nine we have the g. twenty talking basically about to try to crack down on so-called secrecy jurisdictions where a lot of this money flows nothing's been done really nothing substantial. and don't forget all the stories we're covering here when else here also...
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Dec 5, 2012
12/12
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KQED
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economy. >> they could play havoc with the world economy. i think you would see a wave of terror across the region, potentially even here at home. i don't think, just for your personal, as per personal opinion, i don't think they would try to block the persian gulf because that would cut their own throats, but i would not be surprised to see them attack the oil facilities of other countries on the periphery of the gulf. and to do other things that would drive the price of oil through the roof but i think -- and i think you would see them behave in a very different way in both iraq and afghanistan. >> rose: based on everything you know, do you believe that they will respond to the economic embargo, the economic sanctions if we turn that screw as hard as we possibly can? >> i don't think the government will, if there is one thing that the iranians, saddam hussein, the north koreans and bashar al-assad all have in common is they don't care how many other people get killed. >> rose: even their own
economy. >> they could play havoc with the world economy. i think you would see a wave of terror across the region, potentially even here at home. i don't think, just for your personal, as per personal opinion, i don't think they would try to block the persian gulf because that would cut their own throats, but i would not be surprised to see them attack the oil facilities of other countries on the periphery of the gulf. and to do other things that would drive the price of oil through the...
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Jun 13, 2012
06/12
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CNBC
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the fed plays a very important roll in our economy. you have six huge financial institutions having assets equivalent to two thirds of the gdp for the united states. do you want people like jamie dimon sitting on the fed, i think that is an apparent conflict of interest. >> what do you think of congressman dating the fed. >> we just talked to bernanke and i raised that question, and he said congressman dated that i'm not criticizing the fed per se. during the wall street bait out period, among other things, and jamie dimon is not the only one. the fed provided $390 billion in low interest lows to jpmorgan chase alone while jamie die monois sitting on the new york fed. >> well, let me give you another example, because there is all of this talk and attacks of congress that they really don't understand the complexities of what goes on on wall street. don't have an understanding of how some of these instruments work, and you really need bankers or people who are doing this so actually create an education for some of these guys. >> that's a
the fed plays a very important roll in our economy. you have six huge financial institutions having assets equivalent to two thirds of the gdp for the united states. do you want people like jamie dimon sitting on the fed, i think that is an apparent conflict of interest. >> what do you think of congressman dating the fed. >> we just talked to bernanke and i raised that question, and he said congressman dated that i'm not criticizing the fed per se. during the wall street bait out...
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Jul 25, 2012
07/12
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FOXNEWSW
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that is what we are seeing across the economy. you sort do the artificial measures to make it better and all it does is make it better in the short-term and, boom, it is bad again a few months later. we have to get our act together. >>neil: we are in the doing that. but early in the afternoon on your own wonderful show on fox business network, you talk to a lot of the bigwigs, the money managers and investors, what are they telling you? what would make them on the wallet? what would make them either expand plans, hire people? what? >>guest: they say knowing what their tax outlook will be, especially if it would be lower. knowing that washington, dc, was on their side and not talking to them down. that sounds sound serving but i am asking what you would like to see? so it is self serving but that is what we are asking. they say they want the magic confidence thing out there. >>neil: but you feel good about what is coming ahead, you would get off the dime? >>guest: if you ask the average consumer they say the same thing we are holdi
that is what we are seeing across the economy. you sort do the artificial measures to make it better and all it does is make it better in the short-term and, boom, it is bad again a few months later. we have to get our act together. >>neil: we are in the doing that. but early in the afternoon on your own wonderful show on fox business network, you talk to a lot of the bigwigs, the money managers and investors, what are they telling you? what would make them on the wallet? what would make...
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Aug 4, 2012
08/12
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CURRENT
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i think basically the economy we have now is the economy we're going to have on election day and the question is can obama make the case. >> eliot: which is why craig i think it's essential. once he has put it out there given that we have the economy that we know what it's going to look like over the next 90-some odd day he'll have to defend a rather aggressive tax policy. and it's something that obama will think that is a gift. >> we have weird comments from romney today trying to defend the argument that the overall tax burden on the middle class would go up because we lose loopholes. he said that would not happen. he's not going to raise the tax burden. which means he's going to raise the deficit because he's going to make it revenue neutral. another thing that jumped out at me in these numbers today was that among the biggest growth was in bars. maybe people are so depressed about the economy they're going out and getting drunk more. >> eliot: are psychiatrists doing better too? go to a bar hire a shrink, do anything to avoid reality. we know the republican party avoids reality.
i think basically the economy we have now is the economy we're going to have on election day and the question is can obama make the case. >> eliot: which is why craig i think it's essential. once he has put it out there given that we have the economy that we know what it's going to look like over the next 90-some odd day he'll have to defend a rather aggressive tax policy. and it's something that obama will think that is a gift. >> we have weird comments from romney today trying to...
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fearing the worst for the world economy the most on the greenback in two months on the news the euro is a multi. lows against rivals the spanish regions beg for financial assistance from would truth on the world super rich are hiding up to thirty two trillion dollars in offshore havens according to a new report that's the size of the u.s. and china's economy is combined it employs on paid tax of up to two hundred eighty billion john christensen from text justice network which published the report explains. some of that money actually did return to these countries now some cases it does but it comes back dressed up as are in direct investment with all the tax breaks that it. comes with foreign direct investment this is a process known as round trip being which happens a lot of us in many many countries like brazil india a lot of the indian and brazilian campbell has moved offshore tax havens and comes disguised behind offshore companies so it's not clear that the region is really from india first place. but certainly a very large proportion of this capital doesn't come back into produ
fearing the worst for the world economy the most on the greenback in two months on the news the euro is a multi. lows against rivals the spanish regions beg for financial assistance from would truth on the world super rich are hiding up to thirty two trillion dollars in offshore havens according to a new report that's the size of the u.s. and china's economy is combined it employs on paid tax of up to two hundred eighty billion john christensen from text justice network which published the...
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Aug 29, 2012
08/12
by
CNBC
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billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ we've got to think long term. we've got to think long term. during mattress price wars at sthe feathers are flying! through labor day, get 3 years interest-free financing and save on a huge selection of posturepedic and beautyrest mattress sets. even get 3 years interest-free financing on every tempur-pedic and serta icomfort. when brands compete, you save! don't miss mattress price wars. and hurry, this special financing offer ends labor day. ♪ sleep train ♪ your ticket to a better night's sleep ♪ >>> mitt romney has been taking heat for sheltering income in overseas tax havens and he's not alone. u.s. corporations are doing the same thing by incorporating or going pub luck abroad. >> are they simply doing right or making the tax hike bigger for the rest of us. >> alex brill says the u.s. has the worst tax system in the world, seth hanland is confident that he will make them even worse. >> the u.s. corporate tax ra
billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ we've got to think long term. we've got to think long term. during mattress price wars at sthe feathers are flying! through labor day, get 3 years interest-free financing and save on a huge selection of posturepedic and beautyrest mattress sets. even get 3 years interest-free financing on every tempur-pedic and serta icomfort. when brands compete,...
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Jul 25, 2012
07/12
by
FOXNEWS
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eye 102
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this economy, sir, come on. a few days ago even more detached from reality. >> if you've got a business, that -- you didn't build that. somebody else made that happen. >> that was probably just a hangover from a long campaign road trip but then he said this. >> just like we've tried their plan, we tried our plan and it worked. that's the difference. [ cheers and applause ] that's the choice in this election. that's why i'm running for a second term. >> worked? it worked? you're sounding crazy and stuff. president obama says his economy is working. what is he smoking. >> sometimes term limits don't come quick enough. he's in big trouble because everybody's on damage control. he sent out the troops to the sunday talk shows. they care, they know it's resonating and damaging to him. escape able of -- he's a public speaker able to connect with people, but that he would say something like this doesn't make sense, especially if you want to stay in the white house. >> want to jump in? >> sure. this -- what's the phrase?
this economy, sir, come on. a few days ago even more detached from reality. >> if you've got a business, that -- you didn't build that. somebody else made that happen. >> that was probably just a hangover from a long campaign road trip but then he said this. >> just like we've tried their plan, we tried our plan and it worked. that's the difference. [ cheers and applause ] that's the choice in this election. that's why i'm running for a second term. >> worked? it worked?...
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May 6, 2012
05/12
by
CSPAN
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his view on the economy -- he wants an economy that works for the 99%, not just the 1%. he wants tax codes that are fair. we have disagreements with them -- with him. had he done things differently, absolutely i wish that. i also know when you put all the facts together and mitt romney is here and barack obama is here, romney does not get off the ground and the president is way up here standing for working people. there will be people who say i won't vote for this president because of x or y. but there will also be people who will vote for him for the same reason. >> will he be voted in for a second term? >> which is that a vote on those issues. the national labor relations board came out with rules that will make the elections fair and faster. it will get rid of some of the -- some of the delays that employers have used for years and union buster is used for years. they did not want any changes in labor laws. they liked the broken system that was in favor of employer is. >> so that is no longer a priority? >> it is still a priority because it is good for the country. an
his view on the economy -- he wants an economy that works for the 99%, not just the 1%. he wants tax codes that are fair. we have disagreements with them -- with him. had he done things differently, absolutely i wish that. i also know when you put all the facts together and mitt romney is here and barack obama is here, romney does not get off the ground and the president is way up here standing for working people. there will be people who say i won't vote for this president because of x or y....
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Oct 8, 2012
10/12
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CSPAN2
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economy? >> i think that in the long run you can't make for $20 which can buy for 1 dollar because you can use that $19 to hire a doctor, a nurse, a schoolteacher, which is, a truck driver. so you will grow increasingly uncompetitive if you don't take advantage of that dollar an hour later to assess this edible, if labor is free how much should you buy? all of the. it's 1 dollar. that is the world we do live in. so we do have to transition from jobs that can be from goods that can be manufactured overseas and floated on a boat to a local service economy, driven by innovation. and we've made that transition and we have hired median wages and faster growth in europe who's been very reluctant because of the high labor redeployment costs to invest in making the necessary transition. but it's not as though the u.s. economy could outsource everything because they would have no income to buy anything. so there will always be a u.s. economy but it will become increasingly that local service economy. i
economy? >> i think that in the long run you can't make for $20 which can buy for 1 dollar because you can use that $19 to hire a doctor, a nurse, a schoolteacher, which is, a truck driver. so you will grow increasingly uncompetitive if you don't take advantage of that dollar an hour later to assess this edible, if labor is free how much should you buy? all of the. it's 1 dollar. that is the world we do live in. so we do have to transition from jobs that can be from goods that can be...
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find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune in to conjure reports on our. mission in three cretaceous three in-store charges free. range month free. three stooges free. download free blogs just plug in video for your media project a free media and don carty dot com. well it's now been nearly two years since the supreme court's citizens united ruling where the doors were blown out wide open for corporate cash to flow into our elections and the effects can already be seen by the creation of super pacs the rising numbers of money spent but two years on the course against this ruling is growing louder and the push to overturn it amended to race it from our system is only getting stronger take a few recent examples as reported to you earlier this week montana court ruled that the state's ban on corporate political spending still holds in new york city council voted yesterday to call on congress to pass a constitutional amendment overturning the ruling and similar resolutions have been passed in
find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune in to conjure reports on our. mission in three cretaceous three in-store charges free. range month free. three stooges free. download free blogs just plug in video for your media project a free media and don carty dot com. well it's now been nearly two years since the supreme court's citizens united ruling where the doors were blown out wide open for...
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Feb 3, 2012
02/12
by
CNBC
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eye 40
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whose long-term trends seem absolutely deep and keyed into the global economy. do not face lawsuits, regulatory friction. yield curve problems and whose revenues and earnings are not boosted byrealities of releasing reserves. >> go ahead. finish. >> plus, we're going to talk about facebook for the next couple of months or so. so just like zach just said, we're going to be talking about a lot of tech space, cloud space, a lot of the whole space combined. a lot of these names that you think should move higher might not. they're not going to gain the spotlight. >> yeah, i mean, morgan stanley got a nice run this week. getting a pick-up off being the lead underwriting of the facebook planned ipo. just button up this topic for us. do you own the financials at the current time in your funds? >> i actually owned bank of montreal on a little bit of black, so i'm not playing gi of the big banks. don't want to go anywhere near them. the lawsuit that we just heard about, another reason not to be there for me. >> as we heads towards break, right near a 3 1/2-year high. s&p
whose long-term trends seem absolutely deep and keyed into the global economy. do not face lawsuits, regulatory friction. yield curve problems and whose revenues and earnings are not boosted byrealities of releasing reserves. >> go ahead. finish. >> plus, we're going to talk about facebook for the next couple of months or so. so just like zach just said, we're going to be talking about a lot of tech space, cloud space, a lot of the whole space combined. a lot of these names that you...
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May 18, 2012
05/12
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FOXNEWS
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it makes the economy work. >> i like putting back in the economy. but i have to tell you as a liberal, $20,000 bicycle. why can't you tell your kid you can be cool, you can be hip. you can be angry if you can't get to the 1% as part of the 99%. whether you occupy wall street in the park or not. take that 20 grand and help to put out a scholarship. take that 20,000 and feed how many kids in the united states that are hungry every night. freddie or build a bomb and blow up a bridge. >> andrea: mark zuckerberg gave $100 million -- >> dana: these are general people. they are doing a lot. some of them, they will own restaurants and one of the things they will do is pay the people well. one thing they shouldn't do -- >> greg: they shouldn't skip tips. people who skip tips from waiters and waitresses are wrong; mike mario bitarli. >> dana: i am for it. the more people who have enough money to buy stuff and $20,000 bike, somebody had to build the bike. somebody had to deliver the bike. somebody had to design the bike. it's all good. i'm happy for them. >> e
it makes the economy work. >> i like putting back in the economy. but i have to tell you as a liberal, $20,000 bicycle. why can't you tell your kid you can be cool, you can be hip. you can be angry if you can't get to the 1% as part of the 99%. whether you occupy wall street in the park or not. take that 20 grand and help to put out a scholarship. take that 20,000 and feed how many kids in the united states that are hungry every night. freddie or build a bomb and blow up a bridge....
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Sep 2, 2012
09/12
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CSPAN
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policy , labor policy, minority policy, and foreign policy america can have is an expanding trep neural economy of high-wage, high-skilled jobs! [cheers and applause] so play by the rules. in the name of the hard-working americans who make up our forgotten middle class, i proudly accept your nomination for president of the united states. [cheers and applause] i am a product of that middle class, and when i am president, you will be forgotten no more! we meet at a special moment in mishistory, you -- we meet at a special moment in history, you and i. communism has collapsed, and our values -- freedom, democracy, individual free rights -- they have triumphed all around the world. yet just as we have won the cold war abroad, we are losing the battles for economic opportunity and social justice here at home. [cheers and applause] now that we have changed the world, it is time to change america! [cheers and applause] i have news for the voices of greed and the defenders of the status quo, your time has come and gone. it is time for a change in america! [cheers and applause] tonight 10 million of our
policy , labor policy, minority policy, and foreign policy america can have is an expanding trep neural economy of high-wage, high-skilled jobs! [cheers and applause] so play by the rules. in the name of the hard-working americans who make up our forgotten middle class, i proudly accept your nomination for president of the united states. [cheers and applause] i am a product of that middle class, and when i am president, you will be forgotten no more! we meet at a special moment in mishistory,...
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and china's economy is confined it employs on plain text of up to two hundred eighty billion dollars john christensen from tax justice network which published the report explains. some of that money actually did return to these countries now some cases it does but it comes back dressed up as are in direct investment with all the tax breaks that. comes with foreign direct investment this is a process known as round trip being which happens a lot of many countries like brazil india a lot of the indian and brazilian campbell has moved offshore tax havens and sounds discouraged behind offshore companies so it's not clear that the region is rich from india or brazil or the first place. but certainly a very large proportion of this capital doesn't come back into productive investment much of it goes around chasing speculative investments in the equity markets of the securities markets to the commodity markets and sometimes real estate markets in europe and north america so on a lot of this capital doesn't actually getting gauged in productive activity if it's just chasing range all incomes
and china's economy is confined it employs on plain text of up to two hundred eighty billion dollars john christensen from tax justice network which published the report explains. some of that money actually did return to these countries now some cases it does but it comes back dressed up as are in direct investment with all the tax breaks that. comes with foreign direct investment this is a process known as round trip being which happens a lot of many countries like brazil india a lot of the...
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the economy showing real signs of recovery. is barack obama one of those guys who the world keeps turning up good? despite all of the good trends this interconnected world has lots of loose ends. things look good for obama now, but events could elect romney. obama is singing happy days, but it's america, is he too far ahead of the parade to hear its music. finally, offshore warnings, could this war with iran change everything and could the killing of americans in afghanistan drive us to quit? could either of these crisis flare up and leave this white house burnt. hi, i'm chris matthews. welcome to the show. with us today, the "washington post" bob woodward, cnbc's becky quick, the "washington post" kathleen parker and the "national journal's" major garrett. while republicans are having to explain rush limbaugh's hatefulness this week, barack obama is radiating optimism these days. the president is channeling that old ronald reagan morning in america. here he was on tuesday. >> i'm not going to settle for a country where a few d
the economy showing real signs of recovery. is barack obama one of those guys who the world keeps turning up good? despite all of the good trends this interconnected world has lots of loose ends. things look good for obama now, but events could elect romney. obama is singing happy days, but it's america, is he too far ahead of the parade to hear its music. finally, offshore warnings, could this war with iran change everything and could the killing of americans in afghanistan drive us to quit?...
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Nov 10, 2012
11/12
by
CSPAN2
tv
eye 164
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there other issues on the economy. when we pulled our weekly tracking poll 70 to 20% said they trusted the democrats economic policies on the economy compared to republicans so there are other issues. what i want to say is 51% of latinos are not going to report the republican. their goal needs to be they had that 40% level that w was able to do in that will make them competitive and they need to create a goal for. they cannot concede 97% of the black vote. start with 12, start with 17 but they need to make inroads and it's unrealistic to you to say let's not go after hispanics because if they get into those 38 to 40% ranges they can be competitive. >> then it at that point you are talking about the democratic problem with whites. so let me ask you, imagine a world where you have the eraser end in 2013 there is a big deal and comprehensive immigration reform is taken off the table. how far does that get you with this emerging electric, spandex asians is set for and what else does the party have to do to get back to the
there other issues on the economy. when we pulled our weekly tracking poll 70 to 20% said they trusted the democrats economic policies on the economy compared to republicans so there are other issues. what i want to say is 51% of latinos are not going to report the republican. their goal needs to be they had that 40% level that w was able to do in that will make them competitive and they need to create a goal for. they cannot concede 97% of the black vote. start with 12, start with 17 but they...
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offshore havens according to a report by a former mckenzie economist that's the size of the us and china's economies combined it also implies the unpaid tax revenues of up to two hundred eighty billion dollars and let's now move on to see what's going on on the equity markets first to europe and the picture there certainly not pretty an avalanche of bad news is bringing equities the sharply down pressure on spain's government ones is sending me to the highest level since the founding of the euro zone banking including the world bank of scotland and has b.c. weighing on the footsie and of course all of that is really putting pressure on the european currency and what you see there is that you're always sliding against the u.s. dollar at the moment and the russian ruble is also shedding value to the currency basket and in fact to the of the the euro is trading at eleven year low against the japanese yen on the russian equity market at the moment what we're seeing there is also a sea of red and the r.t.s. at the moment is losing three and three quarters of a percent and of course now moving on the what
offshore havens according to a report by a former mckenzie economist that's the size of the us and china's economies combined it also implies the unpaid tax revenues of up to two hundred eighty billion dollars and let's now move on to see what's going on on the equity markets first to europe and the picture there certainly not pretty an avalanche of bad news is bringing equities the sharply down pressure on spain's government ones is sending me to the highest level since the founding of the...
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Jun 10, 2012
06/12
by
CNN
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the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ what ? customers didn't like it. so why do banks do it ? hello ? hello ?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello ? ally bank. no nonsense. just people sense. agents, say hello to the biggest hailstone in u.s. history. oh, that will leave a dent. which is exactly why we educate people... about comprehensive coverage. yep. the right choice now can pay off later. looks like a bowling ball. yeah. oh! agents, say hello to the second-biggest hailstone in u.s. history. [ announcer ] we are insurance. ♪ we are farmers bum-pa-dum, bum-bum-bum-bum ♪ >>> the 2012 summer games is nine weeks away an
the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ what ? customers didn't like it. so why do banks do it ? hello ?...
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find out what's really happening to the global economy with max cons are the no holds barred look at the global financial headlines tune into cars a report on our. mind in motion would be so much brighter if you knew all about someone from funds to impressions. stuck totty dot com. while come back to spotlight on algor novel just a reminder that my guest on the show today is richard stallman founder of the free software movement richard we've got we've got dozens of questions from our viewers and here's one from a man called k.c. and andre he put a question to you on our website what can the free software movement do to convince people to use free software instead of by heavily more a kid in proprietary products because. some people still believe that that windows are mad well it works better than them for it so well they don't realize that it's full of malicious. features it's basically an instrument to give someone else power over them and this power is being abused constantly so what i do to try to show people why they should move to freedom respecting free software. is i don't ta
find out what's really happening to the global economy with max cons are the no holds barred look at the global financial headlines tune into cars a report on our. mind in motion would be so much brighter if you knew all about someone from funds to impressions. stuck totty dot com. while come back to spotlight on algor novel just a reminder that my guest on the show today is richard stallman founder of the free software movement richard we've got we've got dozens of questions from our viewers...
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mitt romney wants to do is cut taxes by trillions of dollars for the rich that's going to destroy our economy mitt romney would consider attacking iran that could also destroy our economy and lead to another disastrous war so it's sucks that those are two choices but between those two choices remember the last time we thought there was a much of a there was three of the candidates was al gore and george bush turned out we were totally wrong about that it was an enormous the best of the two evils game i guess you could say thank you thank you so much for joining us tonight and congratulations on the new show currently we have spoken to you since then thanks thank you so much. i coming up next i have tonight's show intel and the winter is a tough season for those involved in the occupy movement but the demonstrators say not to worry because they have big plans what they call face to occupy i know what they have in store and come back. one. day they don't believe the repetition of. what a protest and nobody seems to know. but never a proper sprayed the face but part of the argument that they're
mitt romney wants to do is cut taxes by trillions of dollars for the rich that's going to destroy our economy mitt romney would consider attacking iran that could also destroy our economy and lead to another disastrous war so it's sucks that those are two choices but between those two choices remember the last time we thought there was a much of a there was three of the candidates was al gore and george bush turned out we were totally wrong about that it was an enormous the best of the two...
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Aug 3, 2012
08/12
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CSPAN
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it actually help the economy. at $40,000 each, that's 10 million jobs that you could create with $400 billion. that would end the recession overnight. you could eliminate the recession and then gradually, as the economy improves, let the money go to the bottom line and we will achieve our $4 trillion over 10 years old. the gentleman is right. it will be difficult just doing it with the portion of income just over $250,000. host: this to say on twitter -- guest: she is absolutely right and you can see that in the sequester. they say do not put any numbers on line items. they put $1 trillion on line items under the sequester and you get the same people running around the country complaining. if you put numbers on line items so you know what the choices are, my view is the public will say -- all the tax cut expire, don't cut anything. explain with numbers on line items. see what you are willing to cut. see what you can get through. >> host: new jersey, a republican. good morning. caller: good morning, representative.
it actually help the economy. at $40,000 each, that's 10 million jobs that you could create with $400 billion. that would end the recession overnight. you could eliminate the recession and then gradually, as the economy improves, let the money go to the bottom line and we will achieve our $4 trillion over 10 years old. the gentleman is right. it will be difficult just doing it with the portion of income just over $250,000. host: this to say on twitter -- guest: she is absolutely right and you...
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economy and the replacement of actually producing goods and services with financialization so and the propaganda that this is a wonderful thing a lot of people did drink the kool-aid because they saw their house rising by one hundred grand a year and they took out fifty grand in a you know home equity line of credit and they were living the high right fender and everyone said it was going to you know keep going forever so and that's kind of a metaphor for the whole u.s. economy good that the big money is made in financial wising things and just that the basis of a strong economy when you when you no longer make anything and there's no incentives to make anything and i think that's where steve jobs was making a point that he he failed to make to carry through to the next step was why are its why are the incentives to ship the. absolute receives why are there so few incentives to create anything and produce anything anymore in the states yet now speaking of jobs thirty six billion. dollars in new airport security fees. for the these to basically tollbooths now what is going on here beca
economy and the replacement of actually producing goods and services with financialization so and the propaganda that this is a wonderful thing a lot of people did drink the kool-aid because they saw their house rising by one hundred grand a year and they took out fifty grand in a you know home equity line of credit and they were living the high right fender and everyone said it was going to you know keep going forever so and that's kind of a metaphor for the whole u.s. economy good that the...